secwatch.observer — SEC 8-K summary
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Issuer:     MOVADO GROUP INC (MOV)
CIK:        0000072573
Form:       8-K
Filed at:   2025-05-29T23:59:59+00:00
Accession:  0000950142-25-001488
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Movado Group Q1: net sales $131.8M, EPS $0.06, adj. EPS $0.08; declares $0.35 dividend
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- Net sales $131.8M (-1.9% YoY, -1.0% constant dollar); gross margin 54.1% vs 54.3%.
- Operating income $0.3M (adj. $0.9M) vs $2.1M YoY; diluted EPS $0.06 (adj. $0.08) vs $0.09.
- Board approved $0.35 quarterly dividend, payable June 26, 2025 to holders of record June 12, 2025.
- Cash $203.1M, no debt; share repurchase authority $50.0M remaining, no repurchases in Q1.
- No FY2026 outlook given tariff uncertainty; plans select price increases at wholesale/retail.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72573/000095014225001488/0000950142-25-001488-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72573/000095014225001488/eh250634214_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-25-001488

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer